SBI College Youth Ideathon Workshop
Event Date: 25th February 2025
Event Detailed Description-
The School of Business at Galgotias University successfully hosted the SBI College Youth Ideathon, an inspiring event designed to guide students through the journey from ideation to entrepreneurship. This remarkable initiative was a collaborative effort by IIT Delhi, MEPSC under the Ministry of Skill Development & Entrepreneurship, and the ThinkStartup Foundation. The event aimed to foster a culture of innovation and entrepreneurship among students by providing them with insights and tools essential for transforming their ideas into viable business ventures.
The session was conducted by Mr. Gaurav Aggarwal, Head of Academics & Ecosystem Strategy at ThinkStartup, who delivered a compelling talk on the key differences between innovation and uniqueness, their roles in building successful startups, and the crucial steps required to turn an idea into a scalable business.
During his talk, Mr. Aggarwal explained that while uniqueness sets an idea apart from others, it is innovation that truly adds value by solving real-world problems in an efficient and impactful manner. He further emphasized that for an idea to succeed as a business venture, it must be scalable, meaning it should have the potential to expand and adapt to larger markets and changing consumer demands.
Additionally, the session provided practical guidance on how students can convert their ideas into viable startups. Mr. Aggarwal outlined essential strategies for idea validation, market assessment, and business model development, all of which are key to attracting potential investors and ensuring the long-term sustainability of a startup. He also addressed common challenges faced by aspiring entrepreneurs and shared insights on how to overcome them through effective problem-solving and strategic decision-making.
Students actively participated in discussions, Q&A sessions, and brainstorming activities, making the event highly interactive and engaging. Many sought advice on refining their business ideas, understanding market dynamics, and identifying key customer segments. The enthusiasm and curiosity displayed by the participants demonstrated their eagerness to embrace entrepreneurship as a career path.
The SBI College Youth Ideathon was not only an enriching learning experience but also a stepping stone for students aspiring to become successful innovators and entrepreneurs. By equipping attendees with valuable knowledge, skills, and motivation, the event helped nurture their entrepreneurial spirit and encouraged them to take proactive steps toward launching their ventures.
Moreover, the workshop reinforced the importance of entrepreneurial thinking in today’s rapidly evolving business landscape. It encouraged students to think beyond conventional career paths and explore opportunities where they can create impact by solving pressing economic and social challenges through their business ideas.
Overall, the SBI College Youth Ideathon at Galgotias University was a highly successful and inspiring event that ignited a passion for innovation and entrepreneurship among students. By bringing together academic leaders, industry experts, and aspiring entrepreneurs, the initiative proved to be a valuable platform for young minds to learn, explore, and take their first steps toward building successful startups.
Department Name – School of Business
Event Outcome
The SBI College Youth Ideathon led to the generation of new ideas, with many students already registering their startup concepts. It provided valuable insights into market validation, scalability, and business model development, equipping participants with the confidence to pursue entrepreneurship. The event also fostered networking, mentorship, and future startup opportunities, strengthening the entrepreneurial ecosystem at Galgotias University.
Related Goal
